search

The Real Deal Logo

Trending

HGTV’s “Mr. Flip It” gets four years in jail for $10M fraudHGTV’s “Mr. Flip It” gets four years in jail for $10M fraudLawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aBank of Southern California puts Neil Shekhter portfolio up for saleBank of Southern California puts Neil Shekhter portfolio up for saleFederal agency pushes big change for title insuranceFederal agency pushes big change for title insurance
Commercial
Tri-State

Target’s unopened New Hyde Park store already growing

Plans for two levels increased to three over 115,000 square feet

The New Hyde Park Target is going to be adding a level (Google Maps)
The New Hyde Park Target is going to be adding a level (Google Maps)

Plans for a Target in Nassau County have grown by almost 50,000 square feet — despite no opening date in sight.

The store coming to a former Sears site at 1400 Union Turnpike in New Hyde Park was initially planned to be a two-level, 70,000-square-foot store. Instead, it’s set to debut at three levels and 115,000 square feet, according to Newsday.

A typical Target is about 130,000 square feet, but the company’s smaller format stores are closer to 40,000. The Target in New Hyde Park will be in the Lake Success Shopping Center, filling a hole left when Sears that closed in November 2018.

Read more

Sign Up for the undefined Newsletter

Many of the details of the new store remain under wraps, but groceries and a Starbucks are likely after North Hempstead’s Board of Zoning Appeals approved a conditional use permit last year. Plans submitted to the town also mention a CVS pharmacy within the store, Newsday reported.

The inclusion of the Starbucks and CVS aligns with a store-within-store concept for Target, which aims to be a one-stop shop for consumers. Last month, CNBC reported the retailer would add more than 160 new Disney shops to some of its locations, tripling its Mickey Mouse footprint. It’s not clear if the New Hyde Park location will have a Disney store.

The biggest mystery is when the store will welcome customers. An executive at Ripco Real Estate, which represents the shopping center’s owner in leasing, dismissed the possibility of a 2021 opening and instead pointed towards late next year as a possibility.

Long Island has 19 Target locations including five small-format stores, one of which opened in Lawrence six months ago. Other tenants in the New Hyde Park shopping center include Bed Bath & Beyond, Shake Shack, Sephora and Victoria’s Secret.

[Newsday] — Holden Walter-Warner

Tags
Commercial Real EstateLong IslandRetailTarget